Company Seeks Tax Deduction for Business Loss Due to Director's Misappropriation of Funds in Regular Operations.

Claim of expenses / loss towards misappropriation of funds by the director - misuse of the authority by the director of the company - the aforesaid loss has incurred in the course of business of the company and therefore should be allowed as a business loss. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X